01 Mar 2018 | 01:11 UTC — London

SUBSCRIBER NOTE: Platts to change flat rates used in the WAF-Far East VLCC dirty tanker assessment

S&P Global Platts will update the current basket of three Worldscale flat rates used to calculate the WAF-Far East VLCC dirty tanker freight assessment in $/mt (TDACN00) effective Monday, March 26. The change will be in line with developments in the flow of West African crude to the Far East.

The change in the flat rates would be as follows:

CURRENT:

Escravos-Ulsan Bonny-Yokohama Bonny-Sriracha

Existing average of the three flat rates: $25.90/mt

NEW: Escravos-Ulsan Malongo Terminal-Zhoushan Dalia Terminal-Qingdao

New average of the three flat rates: $25.42/mt.

Please send all comments or questions to shipping@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.